Banks attacting more than 50% of marketability

Today, the CSE general index ended with marginal losses 0.5% reaching 85.1 points. FTSE20/CySE20 – mostly pressed by the Bank of Cyprus, whose share dropped by 1.6% - fell to 335.4 points and losses 1.2%. BOC was today’s most marketable share closing at CYP 1.24.

Volume fell to the low CYP 351 thousand, while investors mostly focused on banks that concentrated more than 50% of marketability.

BOC’s warrants (second largest volume of the day, 9.7%) closed at 20.2 cents with considerable losses 5.6%, while the Popular Bank (third biggest volume of the day, 9%) closed at CYP 1.09 and losses 0.9%. The company Option Casoulides – with marketability 7.3% - fell to 16.8 cents and losses 1.2%.

The Hellenic Bank, attracting 5.7% of the volume, closed at 71 cents and –1.4%, while Stario and Louis suffered considerable losses. STAR – with losses 12.3% and turnover 1.4% - fell to 5.7 cents, while LCL - with losses 4.3% and turnover 6.1% - fell to 13.5 cents.

Unlike the aforementioned securities, Rolandos share had impressive gains climbing to 8 cents with daily gains 9.6% and volume 4,1%.

28 securities went up, 47 fell and 17 remained stable.